Health System Applications

SoftwareSeedBirmingham, USrevkeepsoftware.com

Latest round

Seed

Last raised

Nov 2020

Total raised

$0.1M

Investors

1

About Health System Applications

Health System Applications specializes in providing solutions that address the complexities of healthcare payment audits. The company is headquartered in Birmingham, US.RevKeep Software offers a comprehensive solution primarily focused on automating healthcare payment audits and extracting electronic health records (EHR) data. The core product effectively addresses challenges faced by revenue cycle management (RCM) teams, specifically in managing Recovery Audit Contractor (RAC) and private payor audits. By streamlining processes, RevKeep facilitates timely responses to audit requests, ensuring that healthcare providers can access patient records quickly and retain more revenue. The software integrates seamlessly with hospital EHR systems, enhancing data retrieval and case strengthening, thus reducing the operational burdens typically associated with manual auditing processes.RevKeep operates on a subscription-based model, allowing clients to access its audit software and associated services through various pricing plans tailored to meet the needs of different healthcare providers. Transactions typically involve annual or monthly subscriptions, granting users access to software features, including customizable dashboards for tracking audits and data requests. The company’s flagship offerings include tools designed for automating time-sensitive audit responses, enhancing operational efficiency and revenue recovery. Given the critical nature of these services, clients benefit from ongoing support throughout the subscription lifecycle, which may include onboarding and optimization assistance.15 mn to further develop its software capabilities, focusing on new product features designed to enhance the user experience. The company is also exploring opportunities for expansion into new markets, particularly targeting larger healthcare systems across the US by 2023.

Who invested in Health System Applications

1 investor across 1 round

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Funding rounds

  1. Seed

    Nov 20, 2020

    Amount

    $0.1M

    Investors

    Locked

Questions about Health System Applications

Who invested in Health System Applications?

Health System Applications has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Health System Applications raised?

Health System Applications has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Health System Applications last raise money?

Health System Applications's most recent round on record is a Seed, in Nov 2020.

What does Health System Applications do?

Health System Applications specializes in providing solutions that address the complexities of healthcare payment audits.

Where is Health System Applications headquartered?

Health System Applications is headquartered in Birmingham, US.

Which VCs invest in companies like Health System Applications?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Health System Applications's stage. Their profiles are linked below.

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